Qatar Fund Ups Tiffany Stake To 11.27%

Law360, New York (March 7, 2013, 1:35 PM EST) -- Sovereign wealth fund The Qatar Investment Authority has once again bought up shares in Tiffany & Co., leaving it with an 11.27 percent stake in the luxury jeweler, according to a Wednesday regulatory filing.

Qatar Investment Authority, which held a 7.83 percent stake in the New York-based company in December, has more than doubled its position in Tiffany & Co. over the past two years, according to filings with the U.S. Securities and Exchange Commission.

Regulatory filings indicate the Qatar Investment Authority scooped up the new...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.